Guatemala: Local Currency Loans Increase

By October 7th, loans in Quetzales showed an increase of 6.8% over the same period in 2009.

Tuesday, October 19, 2010

According to information from Banco de Guatemala, in the same period, foreign currency loans show a 7% fall. reports, "Closing the first week of the month, dollar loans stood at Q23 thousand 139.3 million, according to Banguat. By the end of the year it is expected that total bank credit growth should be 4.7 percent, by October 7th it stood at 2.9 percent."

More on this topic

Credit Grows 35% in Panama

June 2012

In Panama trade sector loans have increased by 40%, those for personal consumption by 49%, mortgages 48%, and construction 25.4%.

In the first three months of 2012, banks in Panama have disbursed $4.9283 billion in new loans, which means an increase of 35.4% or $2.2879 billion compared to the same period in 2011.

Guatemala: Political Crisis Hasn´t Clouded Economic Optimism

October 2015

In September the banking loan portfolio to the private sector recorded an increase of 17% compared to the same month last year.

Despite the political turmoil that the country has seen so far this year, bank credit portfolios have maintained positive figures and growth rates above 10%.

Private Lending Slows in Guatemala

March 2009

Credit to the private sector grew by 11.2% in January, a lower growth than for the same period last year when the increase was 26.4%.

Reporter Jessica Gramajo wrote in the SigloXXI website: "Data from the Bank of Guatemala (Banguat) reported that in January of this year the banking system maintained a loan portfolio of $10.901 million (Q 87.240,8 million).

Guatemala: Dollar Credit Up 18%

July 2015

Excess dollars due to higher income from remittances and foreign credit lines account for the 18% increase in the loan portfolio in that currency.

The reporting period is the year between June 2014 and March this year.

The increase in remittances and credit lines that banks have externally has generated a surplus which the banking system captures and re-enters the market through loans.

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